Deal Details
Follow-On Offering
Summary
Baird served as a senior co-manager on this offering.
About
LINN Energy, LLC (“LINN Energy” or the “Company”) (NASDAQ: LINE) recently completed a follow-on offering of 16,000,000 common units at a price of $11.79 per unit, generating gross proceeds of $188.6 million. The Company intends to use the net proceeds from the offering to repay debt under LINN Energy’s credit facility.LINN Energy is an independent oil and natural gas company focused on the development and acquisition of long-life oil and natural gas properties, which complement the Company’s asset profile in various producing basins within the United States LINN Energy is headquartered in Houston, Texas.
For additional information about this transaction, please contact:
- Date
- May 2015
- Company
- LINN Energy, LLC
- Transaction
- M&A
- Sectors
- Energy
- Target Geography
- North America
Share
